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M&T Bank (NYSE:MTB) shares drifted down 4.3% in Thursday midafternoon trading even after the lender posted better-than-expected earnings and revenue for Q3 2025, buoyed in part by strong fee income.
The bank sees Q4 fee income of $670M-$690M (midpoint $680M) and average deposits of $163B-$164B (midpoint $163.3B).